Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BloFin+0.112%63s7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1371.372% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.112%, 7d avg +0.077%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.036% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.077%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TURBO-USDT | 0.001069 | 0.0060 | pay 0.0030% / 4h | 3h 44m | $153K | $493K | 75x |
| Short | OKX TURBO-USDT-SWAP | 0.001070 | 0.0100 | get 0.0050% / 4h | 3h 44m | $906K | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.42
- Price spread: +0.112% → +0.077%
- $3.56
- Slippage, 4 orders
- −$115.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$125.17
- Costs to cover
- 1.372%
- Break-even
- 111.1 days
Slippage from BloFin: live order book, 32 min ago; OKX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 32 min ago | 6.52 bp | 23.5 bp −$24 | 60.7 bp −$607 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 4.18 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
TURBO on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TURBOUSD | −0.0831% | 1h | 0.001069 | −0.014% | $71K | $33K | 20x | as long as short |
| Injective TURBO/USDC PERP | +0.0033% | 1h | 0.001069 | 0.000% | $83 | $4 | 5.5x | as long as short |
| BloFin TURBO-USDTlong | +0.0060% | 4h | 0.001069 | long leg | $153K | $493K | 75x | |
| Hyperliquid TURBO | +0.0100% | 1h | 0.001071 | +0.187% | $315K | $170K | 3x | as long as short |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001071 | +0.159% | $9K | $20K | 10x | as long as short |
| Binance TURBOUSDT | +0.0100% | 4h | 0.001070 | +0.072% | $2.9M | $6.7M | 50x | as long as short |
| Bybit 1000TURBOUSDT | +0.0100% | 4h | 0.001069 | +0.047% | $390K | $798K | 25x | as long as short |
| OKX TURBO-USDT-SWAPshort | +0.0100% | 4h | 0.001070 | +0.112% | $906K | $2.4M | 20x | |
| Gate TURBO_USDT | +0.0100% | 4h | 0.001071 | +0.150% | $388K | $350K | 25x | as long as short |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001069 | 0.000% | $5.6M | $618K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TURBOUSDTM | +0.0100% | 4h | 0.001071 | +0.178% | $1.8M | $964K | 20x | as long as short |
| Bitget TURBOUSDT | +0.0100% | 4h | 0.001070 | +0.094% | $1.0M | $620K | 25x | as long as short |
| Extended TURBO-USD | +0.0104% | 1h | 0.001070 | +0.066% | $1K | $200K | 5x | as long as short |
| BingX TURBO-USDT | +0.0660% | 4h | 0.001069 | −0.047% | — | $9.4M | — | as long as short |
BloFin TURBO-USDT
OKX TURBO-USDT-SWAP
Kraken Futures PF_TURBOUSD
Injective TURBO/USDC PERP
Hyperliquid TURBO
Aster TURBOUSDT
Binance TURBOUSDT
Bybit 1000TURBOUSDT
Gate TURBO_USDT
MEXC TURBO_USDT
KuCoin TURBOUSDTM
Bitget TURBOUSDT
Extended TURBO-USD
BingX TURBO-USDT